Foster & Motley Inc. Sells 105 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Foster & Motley Inc. decreased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 9.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,065 shares of the company’s stock after selling 105 shares during the quarter. Foster & Motley Inc.’s holdings in iShares Russell 1000 ETF were worth $343,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in IWB. Cypress Wealth Services LLC raised its stake in shares of iShares Russell 1000 ETF by 0.7% in the third quarter. Cypress Wealth Services LLC now owns 4,960 shares of the company’s stock worth $1,559,000 after buying an additional 33 shares during the period. Traynor Capital Management Inc. increased its holdings in iShares Russell 1000 ETF by 4.1% in the 4th quarter. Traynor Capital Management Inc. now owns 862 shares of the company’s stock worth $278,000 after acquiring an additional 34 shares in the last quarter. Evensky & Katz LLC raised its stake in iShares Russell 1000 ETF by 0.3% during the 3rd quarter. Evensky & Katz LLC now owns 10,201 shares of the company’s stock worth $3,207,000 after acquiring an additional 35 shares during the period. Lansing Street Advisors lifted its holdings in iShares Russell 1000 ETF by 0.3% during the third quarter. Lansing Street Advisors now owns 10,144 shares of the company’s stock valued at $3,189,000 after purchasing an additional 35 shares in the last quarter. Finally, Riverpoint Wealth Management Holdings LLC boosted its position in shares of iShares Russell 1000 ETF by 0.3% in the third quarter. Riverpoint Wealth Management Holdings LLC now owns 10,720 shares of the company’s stock worth $3,370,000 after purchasing an additional 36 shares during the period.

iShares Russell 1000 ETF Price Performance

Shares of IWB stock opened at $332.16 on Friday. The company has a market capitalization of $40.77 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The company’s fifty day moving average price is $329.17 and its 200-day moving average price is $316.43. iShares Russell 1000 ETF has a one year low of $265.70 and a one year high of $336.61.

iShares Russell 1000 ETF Company Profile

iShares Russell 1000 ETF (the Fund), formerly iShares Russell 1000 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 1000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the large-capitalization sector of the United States equity market and includes securities issued by the approximately 1,000 largest issuers in the Russell 3000 Index.